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Showing 11 - 20 of 92 results for %22FOMC Minutes%22

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
... January and after peaking at 1% in October last year. The latest forward guidance from the Fed - the minutes of the 19-20 March FOMC meeting reaffirmed its commitment to leave interest rates on hold this year - and a similar one from the European Central ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... 2.25%-2.50% level by 11 December 2019 meeting at 70.2% -- up from 41.7% a month earlier (prior to the Fed's 18-19 December 2018 FOMC meeting). What's more, the likelihood of a rate cut at its 19 January meeting (based on fed funds futures trading) has ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
... lines at his first outing for 2018. Still, it's more comforting to have all the members of the Federal Open Market Committee (FOMC) put their imprimatur in black and white. Yes, Virginia. We got it! It's there in the minutes of the 18-19 December FOMC ...

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... Fed is raising rates too fast, and it's too independent". Trump will surely throw another tantrum when he reads the minutes of the FOMC's 25-26 September meeting, revealing that it's full speed ahead for the Fed. "With regard to the outlook ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
... term rates are rising because of the hikes and the smaller lift in the long-term yields to safe-haven buying. The FOMC minutes revealed that "participants" discussed the flattening yield curve at the June meeting - some were concerned, others tried to ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... June has come down. The cmegroup.com website shows that these probabilities have fallen from 95.9% sure a month the FOMC minutes were released, to 100% certain a week prior, to just 90% after. This is because the FOMC is not so sure about inflation's ...

Moving on up to target

BENJAMIN ONG  |  TUESDAY, 1 MAY 2018
... both of the market and that of the Fed's. The Fed put this in the minutes of its March 20-21 Federal Open Market Committee (FOMC) meeting, noting that "all participants expected inflation on a 12-month basis to move up in coming months." But then explained ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
... lifting overall inflation in the economy. This gives credence to the Fed's thoughts revealed in the minutes of the 20-21 March FOMC meeting: "A number of participants indicated that the stronger outlook for economic activity, along with their increased ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... threat on Syria (now retreat) the other day, financial markets would have been dissecting the minutes of the Fed's 20-21 March FOMC meeting. There really was nothing significant except for a sentence alluding to a more aggressive path towards normalisation. ...

The price is not right

BENJAMIN ONG  |  THURSDAY, 23 NOV 2017
Quo vadis inflation? The minutes of the Fed's 31 October - 1 November FOMC meeting revealed Yellen & Co's continued confusion over the unresponsiveness of consumer price inflation to undeniably solid growth in the economy. According to the minutes ...